Margin Trading
Au(T+D)
Gold
Trading Product
Matching
Trading Market
1 kg/lot
Trading Unit
| Quotation Unit | yuan/kg |
| Minimum Price Fluctuation | 0.01 Yuan/gram |
| Daily Price Limit | settlement price of the previous trading day ± 6% |
| Minimum Quotation Size | 1 lot |
| Maximum Quotation Size | 200 lots |
| Trading Hours | Day Session: 9:00 -15:30; Night Session: 20:00 -02:30 |
| Settlement method | Daily mark-to-market Settlement |
| Deliverable Bullions | 3kg gold ingot-fineness no less than 99.95%*Replacement:1kg gold ingots-fineness no less than 99.99% |
| Delivery Mode | Tendering for Delivery |
| Time of Delivery | The same day as delivery requests are successfully matched |
| Quality Standards | *see delivery standard above |
| Delivery Location | SGE Certified Vault |
| Transaction Fee | 0.02% of the contract value *Note: Margin Ratio:7% |
| Delivery Fee | 0 |
| Listing Date | August 16th, 2004 |